‘Industry’ welcomes Amit’s Budget

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Finance Minister presents the people's budget

Kolkata: CII welcomed the proposal to increase the threshold from Rs 5 crore to Rs 10 crore for VAT audit relief development of MSMEs and small dealers in the West Bengal Budget presented by the State Finance Minister, Dr Amit Mitra, in the State Assembly Friday.
“What excites us most is the fact that scores of MSMEs operating in this State will benefit as a result. It is a much-awaited relief. MSMEs after all continue to be the largest job generator and the source of livelihood for a multitude of people,” said the CII West Bengal Chairman,Mr Umesh Chowdhary. He also welcomed the proposal to grant post-assessment refund within one month of issue of the assessment order and dispose of all pending cases within September 2015. The proposal to launch a web portal to facilitate submission of on-line reports and returns under various labour laws deserves particular appreciation, he added.
Reacting to state budget, Sajjan Bhajanka, President, Bharat Chamber of Commerce, said, The Hon’ble Minister of Finance, Government of West Bengal, Dr. Amit Mitra needs to be congratulated for presenting a fairly balanced Budget which aims at generating new infrastructure, preserving the existing infrastructure, boosting agricultural productivity of the State, housing, greater emphasis on employment generation and ensuring transparent governance.
MCC chamber of commerce & Industry President Arun kumar Saraf  and BNCCI president Arun Sarkar complimented Amit Mitra for this budget.

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